SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN

Plan Contact

  • Address: 1000 HEALTH CENTER DRIVE,MATTOON,IL
  • Contact person: DEBBIE SADDORIS
  • Phone: (217) 258-2501

Plan General Information

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is $294,557,451.00.This plan was established in 1990.

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is 3333

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is $88,376.00

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is $5,284.00.

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is approximately $1,632.00
Investing in this additonal $1,632.00 for 20 years would give you extra $104,484.00, assuming a 10% annual return.

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN allocates $5,441,363.00 to match its employees' contributions, providing an employer match rate of 32.98% of their contributions

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is 22.08%.

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is 18.53%. This measures the effectiveness of the plan participants' investments in the year.

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN is 0.07%.

Enrollment Features

SARAH BUSH LINCOLN HEALTH CENTER EMPLOYEE RETIREMENT PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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